Gold steadied off the two-month highs it hit earlier on Wednesday, when it broke above $1,250 an ounce for the first time since late June as concerns over the pace of U.S. economic growth prompted buying of the metal.
Power Moms mostly decide how and where to spend the estimated $21.35 billion on 2010 Back to School supplies. We are now amid the second largest shopping season for families. Survey says discount ads reign supreme.
The US apparel manufacturing industry includes about 8,000 companies that have combined annual revenue of about $20 billion. The 50 largest companies like Levi Strauss and Phillips-Van Heusen generate less than 40 percent of revenue.
Hong Kong's retail sales rose 18.9 percent in July from a year earlier, official statistics showed Tuesday, with demand for cars and home appliances driving the increase, followed by jewellery and watch sales.